India signed the agreement for credit of 51 million US Dollar with International Fund for Agricultural Development (IFAD) for the Jharkhand Tribal Empowerment Livelihood Project (JTLEP) on 4 October 2013. The agreement was signed by Nilaya Mitash, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Nigel Brett, Country Prorgamme Director, IFAD, India on behalf of IFAD.
The Jharkhand Tribal Empowerment Livelihood Project (JTLEP) would continue till September 2021.Likewise, a project agreement was signed by L. Khiangte, Principal Secretary, Jharkhand on behalf of the Government of Jharkhand with IFAD.
Objective of the Jharkhand Tribal Empowerment Livelihood Project (JTLEP)
• The Objective of the project is to enable rural households to take-up sustainable livelihood opportunities.
• The project shall benefit small rural producers, women, scheduled caste households and youth in the hill districts of the State of the Jharkhand.
• The goal of the project is to reduce poverty in the hill districts of the State of Jharkhand.
• The new project has four main components: (i) Community Empowerment (ii) Integrated Natural Resource Management (iii) Livelihood Project (iv) Project Management.